Sad, looks almost inevitable.
Someone will happily come along and buy the Hostess/Ding Dong/Twinkie brand names, while shedding the union baggage. These striking fools just don’t realize that, do they?
Here's something else that just occurred to me. I wonder if the people who run the private equity firms that currently own Hostess would be the ones to buy the brand names at the liquidation sale!
http://en.wikipedia.org/wiki/Bimbo_Bakeries_USA
You forget to mention that they should move it all to a business friendly none union state, say like, Texas.
I agree. Unless these brands are so old, as I am, that they can’t sell to anyone anymore. I don’t eat sweets, or cookies, etc. so I don’t know if they are even still in grocery stores.
Clearly on an aisle I don’t go down. I’d imagine along with breakfast stuff, syrup, etc. Not in the “snack” aisle at the stores I go to.
Rather comical really.
In that position, I believe I would have private equity quietly lined up already to swoop in and purchase. Dump the union baggage, make a few changes to the board and roll on.
Eat corn union maggots!
Bring them to Texas.
I like Twinkies. Just wished this was Drake going down. I miss Ring Dings.
“Vulture Capitalists” indeed.
Reading a great book right now called “Freedom’s Forge” about the industrial buildup prior to and into WWII, and one of the biggest obstacles to industrial growth were the New Dealers, and...unions. And they practiced the same class warfare back then that they do today.
There was a nation-wide railway strike by the railway union scheduled for December 7th, 1941. Well, even pig eyed Marxist liberals saw there might have been something wrong with going through with that.
All through the war, they dealt with union strikes of all kinds while men were fighting and dying overseas. I hate all unions with a white-hot passion.
Note that I don’t “hate” union members in general, I realize many of them have to belong to work in various areas. But I hate the concept, the organizers, and the fever-faced, glassy-eyed, spittle-lipped drones who buy into it wholesale.
Well the union members wanted 0bama re elected, they got what they wanted, AND ALL THAT GOES WITH IT!! Karma! Also what are the libs and hipsters gonna do when they get stoned and get the urge to pig out on fried Twinkies?